The Berachain Foundation, the organization behind the innovative Proof-of-Liquidity (PoL) layer-1 blockchain, has officially announced a $647 million airdrop with the launch of its mainnet on February 6, 2025.
Airdrop Details
The airdrop will distribute 79 million BERA tokens to participants within the Berachain ecosystem. Eligible participants include NFT holders, testnet users, and community members. The focus is on Bong Bears NFT holders who will receive 34.5 million tokens, especially those bridging their NFTs to the Berachain network. Over 8.2 million tokens will be allocated to Artio and bArtio testnet users.
The Tokenomics of BERA
BERA serves as the gas token for transactions and a staking token to secure the network. Token allocation includes 13.1% for community initiatives, 20% for research and development, 16.8% for initial core contributors, and 34.3% for investors.
What is Berachain?
Berachain is an Ethereum Virtual Machine (EVM)-identical blockchain integrating a unique PoL consensus mechanism. Unlike traditional consensus mechanisms, PoL enhances network security and scalability, addressing the 'cold start problem' often faced by early blockchains.
The Berachain mainnet launch and ensuing BERA airdrop aim to bolster the ecosystem, attract new users, and strengthen the community, marking a significant event in blockchain technology.